Brazil: Provisional Measure No. 1,262/2024 implementing of Pillar 2 of OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting
Progress
Current status
in force
01 Jan 2025 in force
03 Oct 2024 adopted
Scope
Implementers
Brazil
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Implemented Provisional Measure for minimum effective taxation (Provisional Measure No. 1,262/2024)
On 1 January 2025, Provisional Measure No. 1,262, which introduced an additional Social Contribution on Net Profit (CSLL), comes into force. This measure establishes a minimum effective tax rate of 15% for multinational enterprises with consolidated…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
central government
Adopted Provisional Measure for minimum effective taxation (Provisional Measure No. 1,262/2024)
On 3 October 2024, the Brazilian government adopted Provisional Measure No. 1,262, which introduced an additional Social Contribution on Net Profit (CSLL) in order to comply with the Organisation for Economic Co-operation and Development's (OECD) Gl…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central government